Off 0.3% in a knee jerk response to weak -3.9% retail sales - poll -0.3%

RBAWATCH prices implied 4 April meeting hike at 44bp from 50bp pre data

Dec Private sector credit +0.3% last +0.5%, housing credit +0.3% last +0.4%

AUD now trades down just 0.16%, but data certainly increases downturn fears

Charts; negative momentum studies, 21 day Bollinger bands head higher

5, 10 & 21 daily and weekly moving averages all climb - net bullish setup

Break of 0.7136 August high would target a test of the 0.7282 June top

Close below 0.6958 rising 21 day moving average would end topside bias

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